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KONKURENCIJOS TARYBA APPROVES WHISTLEBLOWER REMUNERATION PROCEDURE
28 06 2019

From July 1 persons who provide evidence enabling Konkurencijos taryba to detect anti-competitive agreements will be entitled to a financial reward. It is hoped that this will encourage the society to take a more active role in reporting to the Lithuanian competition authority cartels or other anti-competitive agreements entered into by the...

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COMPETITORS RECEIVE FINES FOR SHARING TENDER ALLOCATION
27 06 2019

Konkurencijos taryba found that companies Pasvalio melioracija , Jadrana , Panevėžio melioracija and Biržų ranga concluded a bid-rigging cartel: cartelists colluded their actions and bids, including bid price, and agreed in advance on the winner of the tender. Konkurencijos taryba fined these companies a total of EUR 977,900.

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KONKURENCIJOS TARYBA WILL TRANSFER ITS FUNCTIONS RELATING TO MISLEADING AND COMPARATIVE ADVERTISING
29 04 2019

From May 1, after the amendments to the Law on Advertising have entered into force, the Lithuanian competition authority Konkurencijos taryba will transfer its functions relating to the supervision of misleading and comparative advertising to the State Consumer Rights Protection Authority (SCRPA).

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KONKURENCIJOS TARYBA SUCCESSFULLY COMPLETED INTERNATIONAL DEVELOPMENT PROJECT IN UKRAINE
01 04 2019

The Lithuanian competition authority Konkurencijos taryba and the German Federal Ministry for Economic Affairs and Energy successfully completed the European Union Twinning Project in Ukraine.

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SEIMAS ADOPTED AMENDMENTS TO LITHUANIAN COMPETITION LAW
14 03 2019

Today Seimas adopted amendments to the Law on Competition of the Republic of Lithuania. One of the major changes concern the right of the Lithuanian competition authority to remunerate whistleblowers that provide information about anti-competitive agreements.

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LITHUANIAN COMPETITION AUTHORITY WILL APPEAL AGAINST COURT JUDGEMENT ON CARTEL AGREEMENT BETWEEN NOTARIES
25 02 2019

The Lithuanian competition authority Konkurencijos taryba evaluated the judgement of Vilnius Regional Administrative Court repealling the watchdog‘s decision on a cartel agreement between the Lithuanian Chamber of Notaries and members of its Presidium, and decided to bring an appeal before the Supreme Administrative Court.

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SUPREME ADMINISTRATIVE COURT OF LITHUANIA REJECTED COMPLAINT BY CARTEL PARTICIPANT
21 02 2019

The Supreme Administrative Court of Lithuania upheld the decision of the Lithuanian competition authority Konkurencijos taryba imposing fines for bid-rigging in the public procurement on the companies Elmis , Ledevila and Vortex Capital .

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NON-COMPLIANCE WITH COURT DECISION RESULTED IN FINE FOR COMPANY‘S MANAGER
31 01 2019

The District Court of Vilnius imposed a fine of almost EUR 500 on V. M. for failure to leave the managerial position in a company that was involved in a cartel agreement.

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DISPUTE OVER COMPETITION LAW INFRINGEMENT ON BIOFUEL MARKET RETURNED TO SUPREME ADMINISTRATIVE COURT OF LITHUANIA
27 12 2018

The Supreme Administrative Court of Lithuania agreed to renew court proceedings concerning an anti-competitive agreement on the biofuel market as requested by the Lithuanian competition authority Konkurencijos taryba.

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DRIVING SCHOOLS AGREED TO FIX PRICES OF DRIVING LESSONS
20 12 2018

The Lithuanian competition authority Konkurencijos taryba found that 26 driving schools and the Lithuanian association of driving schools (Association) were involved in a cartel that set prices of driving lessons in three cities of Lithuania. The aforementioned anti-competitive agreement resulted in fines for companies ranging from EUR 1,500 to...

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LATVIAN COMPETITION AUTHORITY FINES LITHUANIAN COMPANY VAIZGA FOR UNNOTIFIED MERGER
29 10 2018

The Competition Council of Latvia announced that on April, 2018 it cleared the proposed acquisition of Latvian company Petrol Property by the Lithuanian company Vaizga . As Vaizga failed to submit merger notification before closing the transaction, the Competition Council of Latvia initiated a formal case investigation. The competition...

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PARTICIPANTS OF AUCTION BY IGNALINA NUCLEAR POWER PLANT DID NOT AVOID LIABILITY FOR CARTEL INFRINGEMENT
10 09 2018

Vilnius Regional Administrative Court (Court) upheld the decision of the Lithuanian competition authority Konkurencijos taryba, according to which UAB Norvesta and the German company Sypra concluded a cartel agreement while participating in the radioactive scrap metal auction conducted by Ignalina nuclear power plant.

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